Trustees for theWestern Conference of Teamsters Pension Plan(WCT) have plans to fully fund its $400 million commitment to private equity fund by the end of year, a source close to the situation said.

The process has not yet been completed and its consultant is said to be accepting proposals from private equity firms.

Alan Biller, president and founder of the firm,Alan Biller & Associates,is working with the WCT on fulfilling its private equity asset allocation. The firm relies on in-house private equity research intelligence to identify “show stoppers.”Joe Bates, director of research, is responsible for collecting prospectus reports from top performing private equity funds.

Also,Trucker Huss, an employee benefits specialty law firm outside of Washington, D.C., is said to be handling the legalities of the additional limited partnerships.

Neither the WCT, norAlan Billerprovided comments on the matter, however.

The timing had been ripe for the plan to make its targeted commitment to private equity investments, asIMMPpreviously reported. Theportfolio is expectedto be $1.8 billion in discretionary assets by year-end.

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